2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP478: Market Cycle Masterclass w/ David Stein

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Is the Dow Trading at 30,000 Points?

I personally don't ever look at levels. And so I look at valuations. So I want to see what is the PE of the Dow or the price to earnings ratio or the dividend yield. To me, it all comes down to the fundamentals. It is based on my institutional money management background, like levels, the number doesn't matter to me.

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